Revenue Estimates Analysis: Rent-A-Center, Inc. (RCII)

Rent-A-Center also was the recipient of unusually large options trading on Tuesday. Looking at the other side of the coin, RCII traded as low as $7.76 in the past 52 weeks, and since then the shares have risen 55.8% or $4.33. (NASDAQ:RCII)'s near-term growth potential.

The proposal came less than two weeks after Rent-A-Center shareholders ousted three board members after a campaign by activist hedge fund Engaged Capital for major changes ended in a full-blown proxy fight. Engaged Capital Llc owns $99.72 million in Rent-A-Center, Inc., which represents roughly 14.85% of the company's market cap and approximately 14.08% of the institutional ownership.

05/24/2016 - Topeka Capital Markets began new coverage on Rent-A-Center Inc. giving the company a "buy" rating.

Many analysts have provided their estimated foresights on Rent-A-Center, Inc. Comerica Bank now owns 56,417 shares of the company's stock valued at $586,000 after buying an additional 2,898 shares during the last quarter.

ILLEGAL ACTIVITY NOTICE: "Rent-A-Center Inc". Stephens set a $9.00 target price on Rent-A-Center and gave the company a "sell" rating in a report on Thursday, April 6th. The dividend payment will be $0.080 per share for the quarter or $0.32 on an annualized basis. The stock now has a consensus rating of "Hold" and a consensus target price of $10.75. Thrivent Financial For Lutherans increased its position in Rent-A-Center by 5.8% in the first quarter.

Six out of 9 analysts have a Hold or Sell rating on the stock.

Beyonce: Sir Carter and Rumi pictured for first time
Jay-Z recently released his latest album 4:44, where he makes several references to his relationship with the U.S. singer. No big deal, just a casual family photo . "Things start happening that the public can see", he continued.

Vintage Capital offered $800 million to buy 100% of Rent-A-Center's (RCII) common stock in a deal Rent-A-Center said "significantly undervalued" the company and its strategic plan, Reuters reported. Stock traders bought 8,809 put options on the stock. Rent-A-Center, Inc. (RCII) has the market capitalization of 671.36 Million.

Rent-A-Center (NASDAQ:RCII) last issued its quarterly earnings data on Monday, May 1st. The company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.06. The average daily volatility for the week was at 5.02%, which was 1.24 higher than that in the past month. Federated Investors Inc. PA now owns 149,442 shares of the company's stock valued at $1,681,000 after buying an additional 36,379 shares during the last quarter.

Company chares are trading at $12.49 just a bit higher than $11.74, the stock's 50 day moving average and barely above the 200 day moving average of $10.36.

While having a peek at profitability ratios Rent-A-Center Inc (NASDAQ:RCII) has trailing twelve month gross margin at 64.9%, its trailing twelve month operating margin stands at -4% whereas its trailing twelve month net profit margin spots at -4.8%. The ex-dividend date will be Thursday the 29th of June 2017. During the same quarter in the previous year, the company earned $0.48 earnings per share.

Having a peek at growth estimates of the company, Rent-A-Center Inc (NASDAQ:RCII) has current quarter growth estimates of -80.5% however it has -18.2% estimations over growth for the next quarter. Finally, Louisiana State Employees Retirement System raised its position in shares of Rent-A-Center by 1.4% in the first quarter.

In the transaction dated February 27, 2017, the great number of shares acquired came courtesy the EVP - Acceptance Now; Denman Mark E. added a total of 5,000 shares at an average price of $8.7, amounting to approximately $43,500. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. The stock was purchased at an average price of $11.70 per share, with a total value of $1,170,000.00. The disclosure for this purchase can be found here. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & global copyright & trademark laws.

Recommended News

  • China bears responsibility for Liu Xiaobo's death: Nobel committee

    China bears responsibility for Liu Xiaobo's death: Nobel committee

    The military crackdown killed hundreds, possibly thousands, of people and heralded a more repressive era. One of the most important critic of China's Communist Party has died after years of imprisonment.
    2.7 million vehicles added to Takata recall

    2.7 million vehicles added to Takata recall

    According to federal data, barely one-third of the vehicles covered by previous Takata recall campaigns have been repaired so far. Takata for years has made some of its inflators with a chemical desiccant to the keep the ammonium nitrate propellant dry.
    Carrie Fisher Nominated for Posthumous Emmy Award 2017

    Carrie Fisher Nominated for Posthumous Emmy Award 2017

    It was for her role as Mia , the tormenting mum of Rob (Rob Delaney ) in the Amazon series, " Catastrophe ". Carrie Fisher continues to receive accolades even after her death.
  • EasyJet to start new airline to ensure European Union  flights continue after Brexit

    EasyJet to start new airline to ensure European Union flights continue after Brexit

    The UK government has said maintaining "liberal access" to European aviation markets will be a top priority during Brexit negotiations.
    A$AP Rocky answers Lana Del Rey video call on the toilet

    A$AP Rocky answers Lana Del Rey video call on the toilet

    The two new songs are slated to be on Lana's fifth solo album, Lust for Life , which is set for a July 21 release date next week. As the title suggests, the song compares falling in love with the experience of admiring a celebrity despite only being a fan.
    Infosys Says Artificial Intelligence Profits Key To Future Profits

    Infosys Says Artificial Intelligence Profits Key To Future Profits

    Says FY 18 revenue guidance retained at 6.5%-8.5% in constant currency; FY 18 operating margin guidance retained at 23%-25%. The total of active clients at the end of June 2017 increased to 1,164 from 1,162 in March 2017 and 1,126 in June 2016.
  • US Media Irked as Trump Gives Question to China Reporter

    US Media Irked as Trump Gives Question to China Reporter

    The president is again calling the investigation the "greatest Witch Hunt in political history". Flores. "I think he thought he was looking out for his father's best interest".
    Close Call! 150 Grams Of PETN Explosive Found In UP Assembly

    Close Call! 150 Grams Of PETN Explosive Found In UP Assembly

    The security personnel with the help of a dog squad were able to recover the powder before any explosions could take place. Meanwhile, security officials, including an anti-explosive team, have also reached the Assembly to investigate.
    Graham has other ideas on Senate health care bill

    Graham has other ideas on Senate health care bill

    Rand Paul of Kentucky and Susan Collins of ME have already said they will not support the BCRA for completely different reasons . Federal spending on Medicaid coverage for the poor would grow with inflation, rather than being capped like the current GOP plan.
  • IJsberg ter grootte van Limburg en Antwerpen losgebroken van Antarctica

    IJsberg ter grootte van Limburg en Antwerpen losgebroken van Antarctica

    De Larsen C-plaat is de op drie na grootste ijsplaat van de Zuidpool met een indrukwekkende 50.000 vierkante kilometer. Maar komt dit nu door de klimaatverandering? Ander Shepherd, professor aan de universiteit van Leeds, treedt hem bij.
    Bonucci è a un passo dal Milan

    Bonucci è a un passo dal Milan

    Soltanto il giocatore - uno che di solito non si tira indietro nell'esternare - può mettere la parola fine al tormentone. Una mossa inattesa e in parte incompresa dai tifosi bianconeri, parte della rivoluzione in corso.
    Malzahn confident in role as head coach

    Malzahn confident in role as head coach

    Previous year when we got on that roll, that 16-win streak, he was leading the league in completions and quarterback efficiency. Matthews is front and center on the Auburn media guide cover, joined by two other players and coach Gus Malzahn.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.